Innovation is implementing a creative solution to a deeply understood problem :: Keagan Russo

05/05/2022 29 min

Listen "Innovation is implementing a creative solution to a deeply understood problem :: Keagan Russo"

Episode Synopsis

Keagan Russo, is Fleetcor's President for North America Local, a company that provides fuel cards and workforce payment products and services. More about our guest:Keagan leads the North America Local Fleet Card line of business, which has ~50,000 businesses under the Fuelman and Comdata Mastercard brands. He joined FLEETCOR in 2019. Before his current role, Keagan lead go-to-market strategy and product for the Local business. Prior to FLEETCOR, he was a strategy and marketing leader at various fintech startups, a management consultant at McKinsey & Company, and started his career at MBNA Corp. He received his JD from Boston College Law School and his BA from Colby College.------------------------------------------------Episode Guide:1:38 - What is Innovation? 2:15 - Understanding: Shallowly and Deeply 4:37 - "Innovation equals speed to market" 5:29 - Creativity in innovation: a solution standpoint 6:15 - Fleetcor's Case Study 7:05 - CarAdvise Partnership 9:40 - Personal problem solving toolkit 13:19 - Implementation: the engineering aspect 14:23 - Chief Innovation Officer 15:55 - Pilot Launch: Electric Vehicle Fleet Payment Solution 17:00 - Internal Innovation and Entrepreneurial Innovation 18:07 - MBNA's FLC23:02 - What isn't Innovation? 25:34 - Advice to Innovators-------------------------Resources Mentioned: Companies: FleetCorMBNA ('acquired and integrated into Bank of America Corporation') CarAdvise--------------------------OUTLAST Consulting offers professional development and strategic advisory services in the areas of innovation and diversity management.